Interest rate scenarios are combined with our risk-calibration process to position the portfolio optimally relative to the benchmark for a given alpha target.

Thorough top-down and bottom-up analysis

Disciplined top-down analysis is used to define our strategic allocation to credit, while bottom-up analysis is combined with continuous valuation and liquidity assessments to determine which securities and issuers in the investible universe are the most attractive.

Rigorous risk management

Proprietary models and risk tools are used to closely manage and monitor overall portfolio risk, liquidity and credit quality.